Christy Mihos racks up $10M in debt

A company owned by former Massachusetts candidate for governor and convenience store magnate Christy Mihos has filed for bankruptcy after racking up as much as $10 million in debt.

Mihos has filed for Chapter 7 bankruptcy on behalf of Christy's of Cape Cod LLC, which means a court-appointed trustee would liquidate its assets to pay off creditors before the company is discharged from most of its debts.

He says in a court filing that the company has debts and assets of between $1 million and $10 million.

Mihos is embroiled in a bitter divorce and charges that he assaulted his wife.

He coulnd't be reached Saturday and his attorney didn't immediately return a call for comment.

Mihos ran unsuccessfully for governor as an independent in 2006 and again as a Republican in 2010.

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